Turkey’s lira tumbled
1.3 percent on Wednesday and neared an all-time low hit during a 2018 currency
crisis after a regulator clamped down further on foreign...
Turkey raised the amount of dollars commercial banks
can lend to the central bank through currency swap deals, a step intended to
boost the nation’s foreign...
Turkey’s government is reviving plans to transfer the
central bank’s 46 billion lira ($8 billion) in legal reserves to its deteriorating
budget to shore it up...
Turkey’s Treasury ministry is working on legislation
to transfer the central bank’s 40 billion lira ($6.6 billion) in legal reserves
to the government’s budget to shore...
